medium · National Real Estate Exam
In a jurisdiction using a 'Race' recording statute, Owner sells to A on Monday and B on Tuesday. Neither A nor B has notice of the other.
If B records on Wednesday and A records on Thursday, who holds title?
- Buyer A
- The Original Owner
- The first party to occupy the property
- Buyer B
Sign up free to see the explanation and track your rank →
More National Real Estate Exam practice
- A buyer default occurs. The earnest money is held by an escrow company. The escrow company
- A buyer makes an offer. The seller crosses out the proposed closing date, writes in a new
- An adult enters into a written contract to purchase a home from a 17-year-old individual.
- A seller signs listing agreements with five different brokers at the same time. This arran
- A purchase agreement states: 'In the event of buyer default, the seller may retain the ear
- Is there an enforceable contract?
- A contract that is valid and binding but allows one party to avoid the agreement because o
- A buyer defaults on a purchase agreement, and the seller chooses to keep the earnest money